To clarify paragraph 2 of the letter residents received from Duke Energy. Highland Heights is assessing Duke Energy, not the citizens of Highland Heights, a 3% franchise fee on electricity and gas. The franchise fee is a cost to Duke Energy for doing business in Highland Heights. Duke Energy has chosen to pass their cost for doing business on to the citizens of Highland Heights instead of paying it out of their profits. Please note on page 5, section 3.9.8 of the Franchise Agreement (https://hhky.com/city-council-minutes/; click on 2021 Council Meeting Documents > DUKE ENERGY FRANCHISE AGREEMENT) that Duke Energy is required to pay the City the fee, not the citizens.
Thank you to the citizens who have called and given us an opportunity to explain this. If you have additional questions, please call the City at 859-441-8575.